Parents' Secret Blueprint Guarantees Children's Education Success
The Role of Financial Planning
An often-overlooked aspect of ensuring educational success is financial planning. With the rising costs of education, starting a college fund early can alleviate future financial stress. According to the College Board, the average cost of tuition and fees for the 2022-2023 academic year was $38,070 at private colleges, $10,740 for state residents at public colleges, and $27,560 for out-of-state residents attending public universities4. By setting aside funds and exploring scholarships and financial aid options, you can make higher education more accessible for your child.